Massive surge in oil & gas capex-III: Rs 400,000 crore in capex

Mar 27:
A massive incremental capex of up to Rs 400,000 crore can be expected by public sector oil marketing companies over the next 5 to 7 years8Refinery capacity increase will be of the order of 134 million tonnes8This is an unprecedented level of investment by all past yardsticks8EPC contractors such as L&T and EIL as well as a range of foreign licensors and EPC companies are likely to be the major beneficiaries of such a massive drive8Find out how exactly they stand the benefit.Get a macro outlook of such investments in our Reports section. A ground level, bottom-up view of all such investments is succinctly captured through our project monitoring software. Click on Report for more.